What You Should Know:
- Early-stage venture capital firm General Catalyst closes $670 million Health Assurance Fund II.
- The new fund comes on the heels of the Health Assurance Fund I closed in April of 2021 at $600M. To date, General Catalyst has invested $1.7B in companies aligned with the health assurance thesis.
Health Assurance Fund II Investment Thesis
This new fund will allow us to continue to accelerate General Catalyst’s work on building a value-oriented system and focus
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Exo Acquires Medo to Make Ultrasounds Simple and Accessible
What You Should Know:
- Exo, a health information and devices company, today has announced it has acquired Medo, an FDA-cleared AI platform that makes ultrasound workflow faster, more reliable, and accessible to all.
- By integrating Medo’s AI, Exo enables more caregivers in more settings to capture and interpret medical images – allowing faster and more accurate diagnoses and treatment.
Make Medical Imaging as Easy as Snapping a Smartphone Photo
Ultrasound imaging is
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RxLive Raises $5M for Population Health Telepharmacy Solutions
What You Should Know:
- RxLive, a provider of population health pharmacy solutions, today announced a $5 million Series A funding round led by SpringTide with participation by Cardinal Health. RxLive has raised a total of $8 million to date.
- As value-based pharmacy care models expand beyond the retail pharmacy setting RxLive will use the funding to expand its engineering, analytics, and sales and marketing teams, with particular investment in the continuous improvement of its AI and the
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RLDatix Acquires Galen Healthcare Solutions
What You Should Know:
- RLDatix, the international leader in governance, risk and compliance (GRC) solutions for healthcare, announced today the acquisition of Galen Healthcare Solutions (Galen), the market leader in implementation, optimization, data migration and archival solutions for HIT systems.
- The Galen acquisition will enable RLDatix to help organizations meet regulatory requirements for data retention while also ensuring continuity of care for patients throughout their
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FDA Awards 510(k) Clearances for ZEUS System/Zio Watch
What You Should Know:
- Today, iRhythm (a digital health company) and Verily (Alphabet’s life sciences research organization) announced joint FDA 510(k) clearances for the ZEUS System and Zio Watch. Together they create an integrated, prescription-based solution that will improve clinician workflows, care pathways and the patient experience.
- The ZEUS System is the AI algorithm and solution component of the Zio Watch – a clinical grade, long-term and noninvasive wearable that not only
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Amazon to Acquire One Medical for $3.9B
What You Should Know:
Today Amazon and One Medical announced that they have entered into a definitive merger agreement under which Amazon will acquire One Medical.
Under terms of the agreement, Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt.
One Medical Background
One Medical is a human-centered, technology-powered U.S. primary care organization
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Can Health Plans Lead Us Towards Data-Driven Health Equity?
The Institute for Healthcare improvement indicates that twice as many healthcare organizations cite health equity as a top priority today when compared to 2019. It may feel like the COVID-19 pandemic just made us collectively realize that health disparities exist, but they have been acknowledged in academic, government, and philanthropic spheres for over 4 decades. While I would love to debate if our collective realization was blissful ignorance or intentional avoidance, I will save those
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Humanity Health Raises $6M to Advance Health Equity Through Inclusive Leadership
What You Should Know:
- Humanity Health, a New York City-based career acceleration and talent sourcing platform for underrepresented leaders in healthcare and life sciences, has raised $6 million in Series A funding led by Jumpstart Nova with follow-on participation from Deerfield Management.
- Humanity Health will use the new funding to expand its base of C-Suite and executive-level leaders who are members of the Humanity Talent Network
Advance health equity and innovation through
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Healthie Raises $16M to Enable Infrastructure Platform for Digital Health Companies
What You Should Know:
- Healthie, a New York City-based infrastructure platform for digital health companies raises $16M in an oversubscribed Series A round led by Velvet Sea Ventures with participation from Greymatter Capital, Watershed, Builders VC and a customer syndicate.
- Over 60 angels with deep healthcare and tech experience also participated in the financing, including Roushan Zenooz, Executive Chairman of Primary Health, B12 CEO Nitesh Banta, Rafid Fadul, former CMO at Wheel
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Designing Digital Transformation for Life Sciences: Building Resiliency When Disruption is the New Normal
The ability to navigate constant disruption is a prerequisite for success in today’s life science industries. To maintain their competitive advantage, businesses in this sector need to drastically boost their organizational agility and resiliency in the face of unprecedented market conditions and operational challenges. In order to achieve this, organizational digital transformation (DX) is necessary. However, with so much in flux, it can be difficult to see the big picture in trying to plan and
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